Power Tools Got Worse on Purpose. Who Owns DeWalt, Craftsman, and Milwaukee?

# Summary TTI, a Hong Kong conglomerate, acquired Milwaukee in 2005 and invested heavily in R&D and expansion, resulting in innovative products and significant growth, while Stanley Black & Decker acquired multiple tool brands including Craftsman and DeWalt but pursued aggressive cost-cutting and consolidation that led to quality decline and internal competition. The two companies' opposite strategies—TTI's hands-off investment approach versus SBD's merger-and-cut model—produced starkly different outcomes in the power tool market.